Apologies if the answer to the following query is self-evident (noob investor) - today MMI share price heading steadily upwards and then a seller places ~8M shares as a single block at $0.27 (todays volume already ~2M with previous "large" volume days ~1M and a "normal" day ~0.5M). This would seem to be trying to cap any further gains in the share price (at least today)?? And then the block of ~8M is withdrawn?? What is the point of such activity??
Apologies if the answer to the following query is self-evident...
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 (20min delay)
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Last
4.2¢ |
Change
0.001(2.44%) |
Mkt cap ! $203.3M | |||
| Open | High | Low | Value | Volume |
| 4.1¢ | 4.2¢ | 4.0¢ | $87.12K | 2.124M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | 4.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.2¢ | 1282121 | 5 |
View Market Depth
| Last trade - 16.10pm 08/05/2024 (20 minute delay) ? |
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Last
4.2¢ |
Change
0.001 ( 3.70 %) |
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| Open | High | Low | Volume | ||
| 4.1¢ | 4.2¢ | 4.0¢ | 1347525 | ||
| Last updated 15.59pm 08/05/2024 ? | |||||
| MMI (ASX) Chart |